CMS advises Ocean Winds on Moray East Offshore Wind Farm partnership

Munir Hassan

Located in the Moray Firth, Moray East generates clean energy for more than 1.43 million Scottish households and businesses and has been in operation since 2022. The transaction will allow Ocean Winds – a 50-50 joint venture between EDP Renewables and ENGIE – to continue investing in its additional 5GW of offshore wind projects in Scotland.

Following the transaction, Ocean Winds will continue to hold a 40 per cent stake in Moray East and manage the daily operations of the project from its Operations and Maintenance base in Fraserburgh.

Charles Currier, co-head of corporate at CMS UK and lead partner on the transaction, said: “We are delighted to have supported key client Ocean Winds on this strategic partnership. This transaction is further evidence of the continued viability of clean energy projects and demonstrates Ocean Winds’ unwavering commitment to delivering sustainable wind energy solutions for the United Kingdom.”

The core CMS team was led by Charles Currier and Munir Hassan and included Brett Mendonca, Greg Moreton-Smith and Nana Donkor (corporate); Aaron Fairhurst, Jason Todd, and Eddie Creamer (tax); and Russell Hoare and Jean-Francois Willems (competition).